Nearly 70% of LED companies' net profit declines or it is difficult to escape the fate of the market


The once enthusiastic LED industry is showing its weak constitution in the cold winter of the market. Last week, the third quarterly report of the listed companies in the LED industry was released. According to the statistics of the straight flush, the Yangcheng Evening News reporter found that from January to September, nearly 70% of LED companies' net profit fell, and some of them were struggling on the edge of losses.
According to the statistics of Straight Flush, the net profit of 13 companies under the LED industry of Shenyin Wanguo has experienced different degrees of decline, accounting for 65 of 20 companies. Among them, the net profit of 7 companies including Qiwei and Huacan Optoelectronics both fell.
Among the 13 companies with a decline in net profit, the net profit of Weiwei shares decreased by 92%, the net profit of Silan Micro (600460, shares) decreased by 88%, the net profit of Dehao Runda decreased by 57, and the net profit fell in the top three. . It is particularly noteworthy that the net profit of Weiwei, which was only listed in May this year, has fallen by 94% year-on-year. It is known as the fastest-changing company in the stock market. After three months, Weiwei shares continue to struggle on the edge of losses. In the third quarter, it achieved revenue of 71 million yuan, but its net profit was less than 70,000 yuan, which was close to the loss.
Some enterprises may not escape the fate of the market. In fact, many industry insiders believe that it is not unexpected for LED listed companies to hand over the above-mentioned answer sheets in the first three quarters. Xu Zhensen, chairman of Yinghui Lighting in Dongguan, believes that from last year to this year, the industry is in the midst of a cold winter, and companies in the industry 50 are facing a big test of life and death. The reporter learned that since the second half of last year, the LED industry's exports have begun to decline sharply; while the domestic market is difficult to open on a large scale in the short term; coupled with the large amount of bubbles caused by excessive investment in the industry in the past few years, at a time when the market environment is rapidly changing, The industry began to experience a lot of losses and bankruptcies. Earlier, the Yangcheng Evening News also reported that under the dual role of policy rain and capital push, hundreds of LED companies have listed impulses.
A LED company in Shenzhen believes that many listed companies in the LED industry are eager to go public, but in fact the scale is not large, whether it is product technology, internal management or market development capabilities are limited, it is normal to have a performance change. Zhang Xiaofei, director of the High-tech LED Industry Research Institute, believes that the performance of the industry today may pour a cold water on some companies that are eager to go public. He predicted that in the next few years, LED listed companies will not be surprised to wear ST hats (referring to losses), and some companies may even faintly delist.

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